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Government data shows that U.S. farmers again exported a record amount of soybeans, shipping 2.6 billion bushels to international buyers in the 2016-17 marketing year. Valued at more than $28 billion, the milestone represented the second year in a row that exports exceeded 60 percent of U.S. soybean production. However, the United Soybean Board warns that record U.S. production is …

U.S. farmers are expected to produce a record-high soybean crop this year, according to the Crop Production report issued by the USDA’s National Agricultural Statistics Service. Up 2 percent from 2016, soybean production is forecast at 4.38 billion bushels, while corn growers are expected to decrease their production by 7 percent from last year, forecast at 14.2 billion bushels. Up 7 percent …

USDA Reports Winter Wheat Seedings and Grain Stocks also reported Ample rain and moderate temperatures across the Nation’s mid-section led to record-high yield and production for corn and soybeans, both key U.S. crops, in 2016, according to the Crop Production 2016 Summary released today by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS).